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OPEC+ set to keep oil output targets steady, sources say

Global Published 1 November 2026, 15:17 · archived 1 Nov 2026

LONDON/MOSCOW: OPEC+ oil-producing ‌countries were set to keep oil production targets steady for December at a meeting on Sunday as the group still struggles with export disruptions from the US-Iran ​war. The seven core OPEC+ members have agreed in principle to keep ​output unchanged for next month, three people with knowledge of ⁠the matter told Reuters on Saturday, in line with expectations that further policy ​adjustments will not occur until next year. Sunday’s online meeting of the seven ​countries — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman — comes as Gulf members ...

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